Find Family Support at Vet Centers â If you have served in ANY combat zone, local Vet Centers can help you and your family with readjustment counseling and outreach services â for free. Learn more about this OEF/OIF/OND benefit...
Par value. Par value is the face value, or named value, of a stock or bond. With stocks, the par value, which is frequently set at $1, is used as an accounting device but has no relationship to the actual market value of the stock.
DEFINITION of 'Present Value-PV'. The current worth of a future sum of money or stream of cash flows given a specified rate of return. Future cash flows are discounted at the discount rate, and the higher the discount rate, the lower the present value of the future cash flows. Determining the appropriate discount rate is the key to properly valuing future cash flows, whether they be earnings or obligations. Also referred to as discounted value.